The real estate market is seeing several notable developments as financial pressure prompts some developers to seek project transfers to recover capital, while buyers prioritize assets that can be deployed quickly and generate cash flow. From a policy perspective, HoREA has proposed adding a mechanism allowing investors to negotiate for land-use rights to the draft Land Law, with the aim of removing obstacles for thousands of commercial housing projects. In Ho Chi Minh City, nearly 110 hectares in the expanded Le Minh Xuan Industrial Park is planned for conversion to social housing, with groundbreaking expected on December 30 after legal procedures are completed. The city also recorded 3,297 apartments in commercial projects purchased by foreign organizations and individuals from after the merger through the end of October, of which 316 units had received ownership certificates. Supply and investment activity continue to expand in several localities. The project of nearly 3,800 apart...
en.nhaban.vn - Vietnam Real Estate News
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